Zhongchao to consolidate shares 1-for-2 on Oct. 2 to maintain Nasdaq listing
ZCMD•Zhongchao will consolidate its ordinary shares 1-for-2, with Class A shares trading on a post-consolidation basis on Nasdaq on Oct. 2, 2026, to maintain its Nasdaq Capital Market listing.
1. Share consolidation details
The consolidation will reduce issued Class A shares to about 4,333,378 from 8,666,755 and Class B shares to about 103,361 from 206,721. Fractional entitlements will be rounded up to the next whole share.
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